I had been wondering if anyone else was watching silver, trying to get above AUS$10.00 these last months, and falling back from it.
Up to now.
Is this the breakthrough push or will it fall away again?
Most of the hesitation is due to the rising Aussie dollar against the greenback, but that has dropped away a bit today, allowing the Aus$ price for silver to rise nicely.
There is no logical reason for why AUS$10.00 is significant, but it has appeared to me to be so. Further consolidation in the US$ silver price, and/or a further fall in the Aussie$ exchange rate would help significantly.
It is fascinating watching.
- Forums
- ASX - By Stock
- MMN
- silver in $aus
MMN
macmin silver ltd
silver in $aus, page-3
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)